Underground mining

Magellan Advances Development Work at Center Star Gold Mine in Idaho

Retrieved on: 
Wednesday, December 16, 2020

WALLACE, Idaho, Dec. 16, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Magellan Gold Corporation ( OTCQB: MAGE )(Magellan or the Company), a US focused precious metals exploration and development company, today announced that the Company is now beginning work to clean out and stabilize the main drift after successfully reopening the main portal and emergency access portal at the Center Star Gold Mine (Center Star) near Elk City, Idaho.

Key Points: 
  • WALLACE, Idaho, Dec. 16, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Magellan Gold Corporation ( OTCQB: MAGE )(Magellan or the Company), a US focused precious metals exploration and development company, today announced that the Company is now beginning work to clean out and stabilize the main drift after successfully reopening the main portal and emergency access portal at the Center Star Gold Mine (Center Star) near Elk City, Idaho.
  • It has been 35 years since exploration or development work was last conducted in the Center Star Mine.
  • Located near the Elk City mining district of Idaho, Center Star hosts high-grade gold mineralization that was discovered in the early 1900s, with periodic historic production and development work done under different ownership through the 1980s.
  • Since acquiring the Center Star project in July 2020, Magellan acquired additional unpatented mining claims adding 320 acres of land to increase its holding to 620 acres of claims along the Center Star gold trend.

DGAP-News: SMT Scharf AG receives first order from Polymetal for underground EVs

Retrieved on: 
Thursday, December 10, 2020

SMT Scharf will develop and produce electrically powered load-haul-dump machines (LHDs) and mid-range underground trucks as prototypes for Polymetal International.

Key Points: 
  • SMT Scharf will develop and produce electrically powered load-haul-dump machines (LHDs) and mid-range underground trucks as prototypes for Polymetal International.
  • Hans Joachim Theiss, CEO of SMT Scharf AG, comments: "Cutting greenhouse gases and the associated improvement of working conditions underground is becoming an increasingly important factor in underground mining.
  • In the third quarter of 2020, SMT Scharf entered into a strategic partnership with Polymetal International to develop underground electric vehicles (EVs).
  • SMT Scharf AG has been listed in the Prime Standard (Regulated Market) of the Frankfurt Stock Exchange since 2007.

Global Mining Machinery Markets, 2020-2025: Focus on Crushing, Pulverizing, and Screening, Mineral Processing, Surface & Underground - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 1, 2020

The "Mining Machinery Market by Category (Crushing, Pulverizing, and Screening, Mineral Processing, Surface & Underground), Application, Propulsion, Power Output, Electric Machinery (Mining Truck, LHD), Autonomous Machinery and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mining Machinery Market by Category (Crushing, Pulverizing, and Screening, Mineral Processing, Surface & Underground), Application, Propulsion, Power Output, Electric Machinery (Mining Truck, LHD), Autonomous Machinery and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
  • Increasing use of electric machinery in underground mining and an increase in demand for metals and commodities are the driving factors are expected to boost the mining machinery market.
  • In the autonomous mining machinery segment, demand from surface mining is projected to be the highest by 2025.
  • The mining industry has witnessed many advancements, especially with the introduction of autonomous mining machinery.

Prime Mining Reports Results of Guadalupe East Sampling at Los Reyes Continue to Demonstrate Resource Expansion Potential

Retrieved on: 
Monday, October 26, 2020

Readers are encouraged to refer to Los Reyes Surface Sampling Progress Figures 10, 12, 13, and 14 for graphic representation at: https://primeminingcorp.ca/maps-technical-data .

Key Points: 
  • Readers are encouraged to refer to Los Reyes Surface Sampling Progress Figures 10, 12, 13, and 14 for graphic representation at: https://primeminingcorp.ca/maps-technical-data .
  • Property wide field mapping is currently underway and mapping crews will be moving into the Guadalupe East area shortly.
  • Guadalupe East is characterized by a series of Au-Ag bearing quartz veins that appear to coalesce to the east.
  • Table 2 shows other roadcut chip sampling results from surface sampling to the west of GL-Adit 20.

Take It Away Carefully: The World's First Eco-Technology of "Honeycomb" Underground Mining Which Reduces the Loss of Minerals by 4 Times Is Invented at NUST MISIS

Retrieved on: 
Monday, October 12, 2020

MOSCOW, Oct. 12, 2020 /PRNewswire/ -- The research team from the NUST MISIS Mining College has presented the latest "Honeycomb" Technology for solid mineral mining.

Key Points: 
  • MOSCOW, Oct. 12, 2020 /PRNewswire/ -- The research team from the NUST MISIS Mining College has presented the latest "Honeycomb" Technology for solid mineral mining.
  • The new-generation engineering solutions created based on the novel convergent system will provide an order of magnitude higher economic and environmental performance in underground mining.
  • The system allows reducing the loss of minerals left in pillars during mining from 50-60% to 15-25%.
  • The project has been supported by a grant from the Russian Science Foundation and is currently at the stage of basic research.

Take It Away Carefully: The World's First Eco-Technology of "Honeycomb" Underground Mining Which Reduces the Loss of Minerals by 4 Times Is Invented at NUST MISIS

Retrieved on: 
Monday, October 12, 2020

MOSCOW, Oct. 12, 2020 /PRNewswire/ -- The research team from the NUST MISIS Mining College has presented the latest "Honeycomb" Technology for solid mineral mining.

Key Points: 
  • MOSCOW, Oct. 12, 2020 /PRNewswire/ -- The research team from the NUST MISIS Mining College has presented the latest "Honeycomb" Technology for solid mineral mining.
  • The new-generation engineering solutions created based on the novel convergent system will provide an order of magnitude higher economic and environmental performance in underground mining.
  • The system allows reducing the loss of minerals left in pillars during mining from 50-60% to 15-25%.
  • The project has been supported by a grant from the Russian Science Foundation and is currently at the stage of basic research.

Gold Mining Company Buscar Provides 75 Day Update

Retrieved on: 
Wednesday, September 2, 2020

The acquisition of Gold Mining Operator Eon Discovery was closed in July 2020.

Key Points: 
  • The acquisition of Gold Mining Operator Eon Discovery was closed in July 2020.
  • The company committed to starting the mining process on August 15, 2020 and the team arrived on site on time and got to work immediately.
  • The company committed to cleaning out the Ada Drift tunnel in a timely fashion and the mining team is completing that work as we speak.
  • The company committed to having their mining and milling equipment in place by September and the components are in production, in route or in the works.

Worldwide Underground Mining Industry to 2027 - by Equipment, Operator, Method, Application and Geography

Retrieved on: 
Friday, August 7, 2020

DUBLIN, Aug. 7, 2020 /PRNewswire/ -- The "Underground Mining - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 7, 2020 /PRNewswire/ -- The "Underground Mining - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Underground Mining market accounted for $22.38 billion in 2019 and is expected to reach $30.87 billion by 2027 growing at a CAGR of 4.1% during the forecast period.
  • Rapid industrialization in developing nations and increasing implementation of IoT are the factors boosting market growth.
  • Underground mining means all human-made excavations below the surface of the ground through shafts or adits to explore for, developing or producing valuable minerals.

Global Underground Mining Market Outlook (2019 to 2027) - Featuring Vale, Thyssen Mining & Amur Minerals Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 6, 2020

The "Underground Mining - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Underground Mining - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Underground Mining market accounted for $22.38 billion in 2019 and is expected to reach $30.87 billion by 2027 growing at a CAGR of 4.1% during the forecast period.
  • Rapid industrialization in developing nations and increasing implementation of IoT are the factors boosting market growth.
  • Underground mining means all human-made excavations below the surface of the ground through shafts or adits to explore for, developing or producing valuable minerals.

K92 Mining Inc Announces Robust Kora Stage 3 Expansion PEA

Retrieved on: 
Monday, July 27, 2020

Density (t/m3) is on a per zone basis, K1 and Kora Link: 2.84 t/m3; K2: 2.93 t/m3; Waste: 2.8 t/m3.

Key Points: 
  • Density (t/m3) is on a per zone basis, K1 and Kora Link: 2.84 t/m3; K2: 2.93 t/m3; Waste: 2.8 t/m3.
  • Ltd. (AMDAD) to undertake the PEA mine plan for Kora, which involved:
    Applying financial and processing parameters to determine cut-off grades for stope design.
  • Producing a project cash-flow model based on a mining schedule prepared by a third party consultant engaged by K92.
  • The mine plan involves operating at the Stage 2 400,000-tonnes-per-annum throughput rate until late-2023 when the Stage 3 Expansion is online.